401(k) Illiteracy Plagues Nearly Half of Americans: Shocking Survey Results
A recent survey in the United States revealed that almost half of Americans lack knowledge about financial matters, particularly when it comes to understanding 401(k) plans. The study, conducted by OnePoll on behalf of Beyond Finance, found that 43% of respondents were unfamiliar with what a 401(k) is, highlighting a significant gap in financial literacy among Americans. In addition to this lack of understanding about retirement savings, the survey also uncovered a general lack of …